Publications

CEPM Corn Market n°227

WORLD : Rain over the Corn Belt From 03/07 to 15/07, the Chicago September delivery price dropped $7/t. The weather elements dominated the market evolution, despite upwards elements noted in the American balance sheet. In its July report, the USDA revised, compared to June, the American production for the 2020/21 crop year downwards. The production… Read more »

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CEPM Corn Market n°226

WORLD : Decreased acreages in the USA Following last week’s USDA acreage report on major crops, U.S. prices reacted strongly. From 26/06 to 03/07, they gained $10/t to stand at $137/t on the July delivery. This report surprised analysts and operators by reducing the American corn acreage for the 2020/21 crop year by 2.3 Mha,… Read more »

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CEPM Corn Market n°225

WORLD : Rain brings prices down in Chicago From 19/06 to 26/06, the Chicago July delivery price dropped by $6/t to reach $125/t. They thus returned to their early May levels, close to the lowest prices reached during the coronavirus crisis. This drop in prices, in the context of a particularly heavy 2020/21 balance sheet,… Read more »

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CEPM Corn Market n°224

WORLD: Deteriorating growing conditions in the USA From 12/06 to 19/06, the Chicago July delivery price rose by $1 /t to $131/t. This increase can be explained by several factors. After a meeting with Chinese officials in Hawaii, R. Lightizer (U.S. Trade Representative) said he was optimistic that the Sino-American trade agreement would be respected… Read more »

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CEPM Corn Market n°223

WORLD : WORLD: Towards a 2nd wave of the epidemic? From 05/06 to 12/06, prices for the July delivery in Chicago remained relatively stable at $130/t. Ethanol consumption is now close to its pre-epidemic level (-12%). Compared to the previous week, ethanol production is up by 9% (to 836 thousand barrels/day) and stocks are down… Read more »

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CEPM Corn Market n°221

WORLD: Rising prices in Chicago From 22/05 to 29/05, the Chicago July delivery price rose by $3/t to stand at $128/t. This rise in prices is explained by the CPC’s projection of a hot and dry month of June in the Midwest. As of 31/05, 93% of American maize had been planted compared to an… Read more »

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